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Exit, Tweets and Loyalty

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NBER2017-01-01 更新2025-01-04 收录
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Hirschmans Exit, Voice, and Loyalty highlights the role of voice in disciplining firms for low quality. We develop a formal model of voice as a relational contact between firms and consumers and show that voice is more likely to emerge in concentrated markets. We test this model using data on tweets

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2017-01-01
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